Slovakia (SVK) and Croatia (HRV) Trade | The Observatory of Economic Complexity

About

Slovakia-Croatia Trade: In 2023, Slovakia exported $865M to Croatia. The main products that Slovakia exported to Croatia were Broadcasting Equipment ($159M), Cars ($51.5M), and Video Displays ($48.9M). Over the past 5 years the exports of Slovakia to Croatia have increased at an annualized rate of 10.5%, from $526M in 2018 to $865M in 2023.

In 2020, Slovakia exported services to Croatia worth $25.5M, with Travel ($9.14M), Transportation ($4.45M), and Financial services ($3.88M) being the largest in terms of value.

Croatia-Slovakia Trade: In 2023, Croatia exported $277M to Slovakia. The main products that Croatia exported to Slovakia were Railway Freight Cars ($31.9M), Seats ($27.1M), and Cars ($12.7M). Over the past 5 years the exports of Croatia to Slovakia have increased at an annualized rate of 7.73%, from $191M in 2018 to $277M in 2023.

In 2020, Croatia exported services to Slovakia worth $104M, with Travel ($78.1M), Computer and information services ($11.5M), and Communications services ($6.05M) being the largest in terms of value.

Comparison: In 2023, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovakia exported $865M to Croatia. The main products exported from Slovakia to Croatia were Broadcasting Equipment ($159M), Cars ($51.5M), and Video Displays ($48.9M). During the last 5 years the exports of Slovakia to Croatia have increased at an annualized rate of 10.5%, from $526M in 2018 to $865M in 2023.

In 2018, Croatia exported $277M to Slovakia. The main products exported from Croatia to Slovakia were Railway Freight Cars ($31.9M), Seats ($27.1M), and Cars ($12.7M). During the last 5 years the exports of Croatia to Slovakia have increased at an annualized rate of 7.73%, from $191M in 2023 to $277M in 2018.

Exports from Slovakia () to Croatia () (2023)

Exports from Croatia () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and Croatia ()

Slovakia Exports

Date

Croatia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$21.5B

Croatia
Top DestinationItaly$3.05B

This map shows whether countries import more from Slovakia or Croatia. Each country is colored based on the difference in imports they receive from Slovakia and Croatia or the difference in the growth in imports.

In 2023, countries that imported more from Slovakia than Croatia included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

In 2023, countries that imported more from Croatia than Slovakia included Slovenia ($2.45B), Bosnia and Herzegovina ($1.3B), and Serbia ($1.15B).

Difference in imports from Croatia () and Slovakia () (2023)

Comparative Advantage Slovakia - Croatia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Slovakia and Croatia by product, considering products traded by both, Slovakia and Croatia.

During 2023, Slovakia had a large net trade with Croatia in the exports of Machines ($346M), Transportation ($83.1M), and Metals ($80.5M).

During 2018, Croatia had a large net trade with Slovakia in the exports of Transportation ($58.8M), Machines ($41.3M), and Miscellaneous ($31M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovakia Croatia+$41.4MCars

Top Product Potential Croatia Slovakia+$7.34MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

Hrv Year

Svk Year

In 2020, Slovakia exported services to Croatia worth $25.5M, with Travel ($9.14M), Transportation ($4.45M), and Financial services ($3.88M) being the largest in terms of value.

In 2020, Croatia exported services to Slovakia worth $104M, with Travel ($78.1M), Computer and information services ($11.5M), and Communications services ($6.05M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovakia () to Croatia () (2020)

Services Exports from Croatia () to Slovakia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Slovakia and Croatia. This means that a dot/product with the flag of Slovakia indicates it has a comparative advantage over Croatia. Similarly, a dot/product with the flag of Croatia indicates it has a comparative advantage over Slovakia.

About

Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Croatia () (2023)

Exports from Croatia () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and Croatia ()

Slovakia Exports

Croatia Exports

Market Competitiveness

Difference in imports from Croatia () and Slovakia () (2023)

Comparative Advantage Slovakia - Croatia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Bilateral Service Trade

Services Exports from Slovakia () to Croatia () (2020)

Services Exports from Croatia () to Slovakia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Croatia () (2023)

Keep Exploring